Composite Tooling

Composite Tooling Market by Resin Type (Benzoxazine, BMI, Epoxy), Fiber Type (Carbon Fiber, Glass Fiber), Form Type, Application - Global Forecast 2024-2030

SKU
MRR-807A20B5CF9E
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 1.11 billion
2030
USD 2.44 billion
2024
USD 1.24 billion
CAGR
11.88%
360iResearch Analyst
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[197 Pages Report] The Composite Tooling Market size was estimated at USD 1.11 billion in 2023 and expected to reach USD 1.24 billion in 2024, at a CAGR 11.88% to reach USD 2.44 billion by 2030.

Composite Tooling Market
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Composite tooling refers to the use of tooling materials and methodologies for manufacturing components or structures with composite materials. These tooling technologies are crucial in aerospace, automotive, marine, and wind energy sectors, where high-strength, lightweight, and durable components are vital. The primary aim is to produce precise and repeatable parts that can withstand various manufacturing processes and environmental conditions. The increasing demand for lightweight and high-performance materials across multiple industries and the aerospace & defense sector's ongoing quest for fuel efficiency and enhanced performance capabilities significantly contributes to demand. Additionally, advancements in manufacturing technologies, such as 3D printing and automation, have expanded the possibilities for composite tooling applications, fostering growth. However, high initial investments in tooling equipment and technology constitute a significant hurdle for small and medium enterprises. Moreover, the complexity of designing and manufacturing composite tools requires skilled personnel, intensifying the challenge in regions facing skill shortages. The stringent environmental regulations associated with composite materials and processes also pose a compliance limitation for industry players. Key companies are expected to focus on innovations in tooling materials and processes that can reduce costs, improve efficiency, and enhance product performance. The rising focus on sustainable and recyclable composites opens new avenues for development. Furthermore, the expanding applications of composites in emerging sectors, such as renewable energy and electric vehicles, provide opportunities for market expansion and diversification.
Composite Tooling Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Composite Tooling Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Composite Tooling Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Composite Tooling Market, highlighting leading vendors and their innovative profiles. These include Airtech Advanced Materials Group, Ascent Aerospace, LLC, Formaplex Technologies Ltd., Gurit Services AG, Hexcel Corporation, Huntsman International LLC, Janicki Industries, Inc., Jushi Group Co., Ltd., Machinists Inc., Owens Corning, Preconomy Limited, Royal Tencate N.V., Solvay S.A., Teijin Limited, and Toray Industries, Inc..

Market Segmentation & Coverage

This research report categorizes the Composite Tooling Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Resin Type
    • Benzoxazine
    • BMI
    • Epoxy
    • Polyester
    • Vinyl Ester
  • Fiber Type
    • Carbon Fiber
      • Chopped Carbon Fiber
      • Continuous Carbon Fiber
    • Glass Fiber
  • Form Type
    • Fabric
    • Prepreg
  • Application
    • Aerospace
      • 3D Printing of Aerospace Tooling
    • Automotive
      • Exterior
      • Interior
    • Marine
    • Wind
      • Wind Blade Hinge System
      • Wind Blade Master Plug
      • Wind Blade Mould

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Composite Tooling Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Composite Tooling Market?
  3. What are the technology trends and regulatory frameworks in the Composite Tooling Market?
  4. What is the market share of the leading vendors in the Composite Tooling Market?
  5. Which modes and strategic moves are suitable for entering the Composite Tooling Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Composite Tooling Market, by Resin Type
  7. Composite Tooling Market, by Fiber Type
  8. Composite Tooling Market, by Form Type
  9. Composite Tooling Market, by Application
  10. Americas Composite Tooling Market
  11. Asia-Pacific Composite Tooling Market
  12. Europe, Middle East & Africa Composite Tooling Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 730]
  17. List of Companies Mentioned [Total: 15]
Frequently Asked Questions
  1. How big is the Composite Tooling Market?
    Ans. The Global Composite Tooling Market size was estimated at USD 1.11 billion in 2023 and expected to reach USD 1.24 billion in 2024.
  2. What is the Composite Tooling Market growth?
    Ans. The Global Composite Tooling Market to grow USD 2.44 billion by 2030, at a CAGR of 11.88%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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